Digital Realty Trust, Inc. $DLR Shares Bought by Goelzer Investment Management Inc.

Goelzer Investment Management Inc. grew its holdings in Digital Realty Trust, Inc. (NYSE:DLR) by 269.5% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 18,430 shares of the real estate investment trust’s stock after buying an additional 13,442 shares during the quarter. Goelzer Investment Management Inc.’s holdings in Digital Realty Trust were worth $3,235,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of DLR. Franchise GP Ltd increased its stake in Digital Realty Trust by 11.9% in the 3rd quarter. Franchise GP Ltd now owns 1,050 shares of the real estate investment trust’s stock worth $184,000 after acquiring an additional 112 shares during the last quarter. Riverbend Wealth Management LLC lifted its stake in Digital Realty Trust by 99.7% during the third quarter. Riverbend Wealth Management LLC now owns 4,870 shares of the real estate investment trust’s stock worth $855,000 after purchasing an additional 2,431 shares during the last quarter. Ellsworth Advisors LLC increased its position in shares of Digital Realty Trust by 9.1% during the 3rd quarter. Ellsworth Advisors LLC now owns 16,304 shares of the real estate investment trust’s stock valued at $2,862,000 after purchasing an additional 1,358 shares during the last quarter. NFSG Corp grew its holdings in shares of Digital Realty Trust by 1,716.2% during the 3rd quarter. NFSG Corp now owns 5,285 shares of the real estate investment trust’s stock valued at $928,000 after purchasing an additional 4,994 shares during the last quarter. Finally, V Square Quantitative Management LLC increased its holdings in shares of Digital Realty Trust by 8.2% in the third quarter. V Square Quantitative Management LLC now owns 8,977 shares of the real estate investment trust’s stock worth $1,576,000 after buying an additional 677 shares during the period. 99.71% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the company. Evercore reissued an “outperform” rating and set a $240.00 price objective on shares of Digital Realty Trust in a research note on Tuesday, August 18th. Wall Street Zen upgraded shares of Digital Realty Trust from a “sell” rating to a “hold” rating in a research report on Saturday, July 25th. Cantor Fitzgerald lifted their price objective on shares of Digital Realty Trust from $211.00 to $221.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. JPMorgan Chase & Co. raised their price objective on Digital Realty Trust from $230.00 to $235.00 and gave the company an “overweight” rating in a research report on Friday, July 24th. Finally, TD Cowen upgraded Digital Realty Trust from a “hold” rating to a “buy” rating and increased their target price for the company from $192.00 to $222.00 in a research report on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $219.69.

Digital Realty Trust Stock Up 0.9%

Digital Realty Trust stock opened at $176.08 on Friday. Digital Realty Trust, Inc. has a fifty-two week low of $146.23 and a fifty-two week high of $208.14. The company has a market cap of $65.33 billion, a PE ratio of 22.03, a PEG ratio of 3.34 and a beta of 0.99. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.06 and a current ratio of 1.06. The business’s 50-day simple moving average is $185.05 and its two-hundred day simple moving average is $187.15.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings results on Thursday, July 23rd. The real estate investment trust reported $1.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.98 by ($0.77). Digital Realty Trust had a return on equity of 3.34% and a net margin of 11.80%. The business had revenue of $1.92 billion for the quarter, compared to analysts’ expectations of $1.66 billion. During the same period in the prior year, the business posted $1.87 earnings per share. The business’s quarterly revenue was up 28.9% compared to the same quarter last year. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. Equities analysts anticipate that Digital Realty Trust, Inc. will post 8.40 EPS for the current year.

Digital Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th were given a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a yield of 2.8%. The ex-dividend date was Tuesday, September 15th. Digital Realty Trust’s dividend payout ratio (DPR) is currently 236.89%.

Insider Buying and Selling at Digital Realty Trust

In other Digital Realty Trust news, Director Mark Patterson sold 200 shares of the firm’s stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $193.96, for a total value of $38,792.00. Following the sale, the director directly owned 6,322 shares of the company’s stock, valued at approximately $1,226,215.12. This trade represents a 3.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.15% of the stock is currently owned by corporate insiders.

Digital Realty Trust Company Profile

Digital Realty Trust, Inc is a real estate investment trust that owns, operates and develops data centers and related digital infrastructure. The company provides facilities and technology environments that support the computing, storage, networking and connectivity needs of enterprises, cloud service providers, telecommunications companies and other organizations.

Through its PlatformDIGITAL platform, Digital Realty offers data center colocation, interconnection and hyperscale data center solutions.